Rakuten Securities Inc. Increases Stock Position in IonQ, Inc. $IONQ

Key Points

• Rakuten Securities Inc. raised its stake in IonQ by 127.1% in Q4 to 125,765 shares (worth about $5.64 million), making the stock ~1.8% of Rakuten's portfolio and its 12th largest holding.
• Analyst coverage is mixed but tilted positive with a consensus rating of "Moderate Buy" and an average target of $68.25; IonQ has a $16.01 billion market cap, opened at $43.67, and trades with high volatility (one‑year range $25.89–$84.64, beta 2.80).
• Insider activity was notable—insiders sold 8,581 shares (~$316k) including a 5,165‑share sale by Robert Cardillo while director William Teuber bought 3,000 shares—and institutional investors own about 41.4% of the stock (insiders ~5.2%).

Rakuten Securities Inc. lifted its stake in IonQ, Inc. (NYSE:IONQ - Free Report) by 127.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 125,765 shares of the company's stock after acquiring an additional 70,395 shares during the quarter. IonQ accounts for about 1.8% of Rakuten Securities Inc.'s investment portfolio, making the stock its 12th largest holding. Rakuten Securities Inc.'s holdings in IonQ were worth $5,643,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Stone House Investment Management LLC grew its position in IonQ by 700.0% in the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company's stock worth $25,000 after purchasing an additional 350 shares during the period. Ameriflex Group Inc. raised its stake in IonQ by 485.7% during the 3rd quarter. Ameriflex Group Inc. now owns 410 shares of the company's stock valued at $25,000 after buying an additional 340 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of IonQ during the 3rd quarter valued at $29,000. UMB Bank n.a. bought a new position in shares of IonQ during the 3rd quarter valued at $31,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in shares of IonQ by 117.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company's stock worth $31,000 after buying an additional 270 shares during the last quarter. 41.42% of the stock is owned by hedge funds and other institutional investors.

IonQ Stock Performance

Shares of IonQ stock opened at $43.67 on Friday. The stock has a market cap of $16.01 billion, a P/E ratio of -17.54 and a beta of 2.80. The stock's fifty day moving average is $34.38 and its 200 day moving average is $45.59. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64.

Wall Street Analysts Forecast Growth

IONQ has been the subject of several research analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of IonQ in a report on Tuesday. Cantor Fitzgerald reissued an "overweight" rating on shares of IonQ in a research report on Monday, February 9th. Rosenblatt Securities restated a "buy" rating and set a $100.00 price target on shares of IonQ in a research note on Thursday, February 26th. Northland Securities initiated coverage on shares of IonQ in a research report on Monday. They set an "outperform" rating and a $55.00 price target for the company. Finally, Wall Street Zen cut shares of IonQ from a "hold" rating to a "sell" rating in a research note on Saturday, April 11th. Ten research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $68.25.

Insiders Place Their Bets

In related news, insider Robert T. Cardillo sold 5,165 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $39.44, for a total value of $203,707.60. Following the completion of the sale, the insider directly owned 112,291 shares of the company's stock, valued at approximately $4,428,757.04. This represents a 4.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William J. Teuber, Jr. bought 3,000 shares of the firm's stock in a transaction on Friday, February 27th. The shares were purchased at an average price of $38.38 per share, for a total transaction of $115,140.00. Following the purchase, the director owned 9,413 shares in the company, valued at $361,270.94. This trade represents a 46.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 8,581 shares of company stock worth $316,156 over the last quarter. 5.20% of the stock is currently owned by corporate insiders.

IonQ Profile

IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.

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